Operations Forecasting and Six Sigma Yellow Belt Training II

Purpose of Assignment

The purpose of this assignment is for students to learn how to apply Operations Forecasting.

Assignment Steps

Resources: Microsoft® Excel®

Select a business operations dataset from the internet or other sources which can be used for forecasting in the University Library.

Develop a minimum of three quantitative forecasts using Microsoft® Excel®.

  • Compare and contrast each quantitative forecast you develop.
  • Choose the one forecast you determine would be the best for the firm and be prepared to explain why you chose this.
  • Evaluate the impact this forecast would have on the firm from a financial metrics standpoint.

Develop a 700-word report in which you describe your forecasting project including details on all the assignment steps.

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Use the same business your team chose and has been observing and collecting data for the Week 3 (attached).

Resources: Microsoft® PowerPoint®

Execute the control phase of the Six Sigma DMAIC project including the following:

  • Determine how to maintain the improvements.
  • Determine how to monitor and control improvements. (attached is the ppt i used that we can use for this ppt)

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